GLDA.L vs. GLD
Compare and contrast key facts about Amundi Physical Gold ETC (C) (GLDA.L) and SPDR Gold Trust (GLD).
GLDA.L and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDA.L is a passively managed fund by Amundi that tracks the performance of the Gold. It was launched on May 21, 2019. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004. Both GLDA.L and GLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLDA.L or GLD.
Performance
GLDA.L vs. GLD - Performance Comparison
Returns By Period
In the year-to-date period, GLDA.L achieves a 25.07% return, which is significantly higher than GLD's 23.76% return.
GLDA.L
25.07%
-1.29%
7.17%
2.45%
N/A
N/A
GLD
23.76%
-4.27%
5.78%
28.80%
11.37%
7.49%
Key characteristics
| GLDA.L | GLD | |
|---|---|---|
| Sharpe Ratio | 0.77 | 2.05 |
| Sortino Ratio | 1.36 | 2.75 |
| Omega Ratio | 1.35 | 1.36 |
| Calmar Ratio | 1.33 | 3.73 |
| Martin Ratio | 3.60 | 12.45 |
| Ulcer Index | 7.56% | 2.43% |
| Daily Std Dev | 47.51% | 14.77% |
| Max Drawdown | -21.57% | -45.56% |
| Current Drawdown | -5.17% | -8.12% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLDA.L vs. GLD - Expense Ratio Comparison
GLDA.L has a 0.12% expense ratio, which is lower than GLD's 0.40% expense ratio.
Correlation
The correlation between GLDA.L and GLD is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
GLDA.L vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Physical Gold ETC (C) (GLDA.L) and SPDR Gold Trust (GLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GLDA.L vs. GLD - Dividend Comparison
Neither GLDA.L nor GLD has paid dividends to shareholders.
Drawdowns
GLDA.L vs. GLD - Drawdown Comparison
The maximum GLDA.L drawdown since its inception was -21.57%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for GLDA.L and GLD. For additional features, visit the drawdowns tool.
Volatility
GLDA.L vs. GLD - Volatility Comparison
The current volatility for Amundi Physical Gold ETC (C) (GLDA.L) is 4.96%, while SPDR Gold Trust (GLD) has a volatility of 5.36%. This indicates that GLDA.L experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.